ORDER

Per Laliet Kumar, JM:

The present appeal has been filed against the order dated 30.01.2019, passed by the Principal Commissioner of Income Tax- 01 (‘Pr.CIT’) exercising revisionary jurisdiction under section 263 of the Income-tax Act, 1961 (‘the Act’) for the assessment year 2013-14.

2. The assessee has raised the following grounds of appeal:-

1. That the order passed by the Principal Commissioner of Income-Tax-1, Amritsar u/s. 263 is against the facts of the case and is untenable under the law.

2. That no reasonable opportunity of being heard was allowed by the Assessing Officer before passing the said order. As such, the order passed is bad in law and is liable to be cancelled.

3. That this case does not fall within the mischief of section 263. As such the order is bad in law and the same is liable to be cancelled.

4. That the order was passed hurriedly without applying the mind and without appreciating the facts of the case as the same was going to be barred by time.

As such, the order passed is bad in law and is liable to be cancelled.

5. That the Pr CIT cannot assume jurisdiction u/s. 263 for making roving enquiry on the issues which are already enquired by the Assessing Officer,